Dow Jones Close 5/6/10 - Stock Market Closing Prices

By Tim - http://stockstobuy.org

Stock Market Closing Prices - 5/6/10

Dow Jones Industrial Average ( DJIA ) Close - 10520.32 Down 347.80
Nasdaq Stock Market Close - 2319.64 Down 82.65
S&P 500 Close - 1128.15 Down 37.72
http://dowjonesclose.com

Libor Rates - 5/6/10 - Mortgage Rates

Commodities Closing Prices - 5/6/10

Gold Close - 1209.80
Oil Close - 76.85
Natural Gas Close - 3.91

The Dow Jones Industrial Average closed at 10520 on 5/6/10, as the stock market tanked on more fears out of Greece. The day started with the Dow Jones Futures higher by 40 points but then turned lower by 100 points at the open. Toward lunch time, the Dow Jones start a steady decline and then the riots started up in Greece. The Dow then fell from down 200 to down 300 and quickly accelerated to the downside. At around 2:30pm EST, all hell broke lose with an apparent glitch on computer trade gone bad. The Dow Jones was down over 900 points with companies such as Apple down over 20% to 200. Within 5 minutes, the Dow Jones went from down 900 back to only down 400. CNBC has been reporting that this was a human error at a major Wall Street firm. With this error, the Nasdaq then broke down and started glitching. The New York Stock Exchange has reported no glitches at all.

As for the jobs report tomorrow, I don't think anyone really cares at this point. A huge buying opportunity was created today and we will have to see whether more such opportunities present themselves over the next few days.

I will also have technical analysis on different stock - Right Here

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